6324 Altadena DrKlamath FallsOR97603
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Klamath Falls at 6324 Altadena Dr, Klamath Falls, OR, 97603 generates $2,717/mo in rent, after a $2,325/mo payment. Total monthly income is $2,717/mo. Return on cash invested sits at 18.76% in year one, and rental yield is 6.86% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 96.5% and total cumulative return in cash sums $151,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 97603, Klamath Falls, OR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,657 (100%) |
| Owner Occupied HU | 9,019 (66.0%) |
| Renter Occupied HU | 3,900 (28.6%) |
| Vacant Housing Units | 738 ( 5.4%) |
| Median Home Value | $289,668 |
| Average Home Value | $315,767 |
Housing Distribution
Address Breakdown
Residential
13,177
Single Family
12,590
Multi-Family
587
Businesses
814
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Listed by: N/A • Windermere Real Estate Kf
Mls Name: Oregon Datashare
Mls ID: #220209908